special drawing rights


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special drawing rights

pl n
(Economics) (sometimes capitals) the reserve assets of the International Monetary Fund on which member nations may draw in proportion to their contribution to the Fund. Abbreviation: SDRs
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.special drawing rights - reserve assets in the International Monetary Fundspecial drawing rights - reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
reserve assets - capital held back from investment in order to meet probable or possible demands
References in periodicals archive ?
The special drawing rights with the International Monetary Fund came down by USD 4.7 million to USD 1.451 billion.
The foreign assets exclude CBUAE Reserve Tranche Position and Special Drawing Rights holdings with the International Monetary Fund.
Reserves also included QR1.95 billion in special drawing rights (SDR) deposits, which is held by the International Monetary Fund.
Special drawing rights (SDRs) registered $651m in August, against $689m in July, down by $38m.
The main components of the international reserves were foreign currency reserves (US$102.9 billion), International Monetary Fund reserves position (US$0.8 billion), special drawing rights (SDRs) (US$1.2 billion), gold (US$1.6 billion) and other reserve assets (US$3 billion).
Dr Seretse Khama Ian Khama has approved the recommendation by the Minister of Finance and Economic Development, Mr Kenneth Matambo to maintain the Pula basket weight at 45 per cent of the South African Rand and 55 per cent to the Special Drawing Rights (SDR) of 2018.
Gaddafi of Libya for his quest to replace the mighty dollar with the SDR (Special Drawing Rights) in oil trading.
For the Centrally Sponsored Scheme Sarva Shiksha Abhiyan (SSA), Government of India has signed a financial agreement with the World Banks International Development Association (IDA) for an amount of Special Drawing Rights (SDR) 651.00 million (equivalent to US$1006.2 million) on 29th May, 2014.
The country's special drawing rights with IMF dipped by USD 1 million to USD 1.5 billion and the reserve position decreased by USD 1.2 million to USD 2.4 billion, the central bank said.
In addition to more stringent carbon emission targets, China's cabinet also said it welcomed the yuan's inclusion in the International Monetary Fund's Special Drawing Rights (SDR) basket and it would keep the yuan basically stable, according to the statement.
Global Banking News-November 17, 2015--Chinese official suggests that IMF should make its Special Drawing Rights digital
Japan's foreign exchange reserves consist of securities and deposits denominated in foreign currencies plus the International Monetary Fund (IMF) reserve positions, IMF special drawing rights and gold.

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